Mixed-use Property Conversion – Brighton Street

Mixed-use Property Conversion – Brighton Street

This property was purchased as a mixture of three units made up of three commercial units, three 1 bed flats and three 2 bed flats. The property itself is situated in a prime location in Wallasey with proximity to public transport, local shops and schools and close proximity to Liverpool City Centre making this an attractive area for young professionals to live who are needing to commute.

The property was purchased to rent within the private rental sector and came with tenants in situ, although the property was in quite disrepair and required major refurbishment. To bring this site to its full potential a single story extension was erected to the ground floor along with converting the use from commercial units to residential units via a planning application to the local council. Some of the existing apartments were converted from 1 beds to 2 beds to enhance the value.

To maximise energy efficiency, various initiatives were implemented to include wall insulation, roof insulation, replacement of gas boilers and water meters as well as installation of new electric meters.

Each property has been fully redecorated throughout from replastering, new flooring as well as newly fitted bathrooms and kitchens all designed to provide open plan living space.

Details

Latitude : 53.4141551
Longitude : -3.022366
Property Type : Flat
Strategy : Buy-to-let
Size : 451 sqm
Address : 95-97-99 Brighton Street
City/Town : Wallasey
Area : Liverpool Area
Postcode : CH44 6QL
Year of manufacture : 1830
Remediation Time : 18 months
Let Since : March 2023
Living Units : 10